5 Things I would not do if i win the 12 million TOTO - forex trading yields

5 Things I would not do if i win the 12 million TOTO ~ forex trading yields

Inspired by my favourite blogger who blogged about 10 things he wouldnt do if he won the USD 900 million powerball draw on 19th January 2016 in US, i decided to do up a list of 5 things i would not do should i win Singapores yearly Chinese New Year grand TOTO draw. This year,
the amount up for grab is SGD 12 million! 

Here are 5 things i would NOT do if i win the TOTO!

1. Not hire a fund or financial manager to manage my money for investments and savings. (I have never handled so much money and too many reports showing how people blow up their winnings within months.)
2. Tell everyone and announce to the whole world. Its good to share the joy but i would also be inviting trouble if kidnappers come along or strangers making friends with me. In time to come, people might know but thats about it. If you know, you know. 
3. Spend it on luxury cars or property. Maybe just a normal car for transport and pay up the mortgage plus some small gifts for parents, family and close friends.  
4. Spend any money until after say 6 months or so. Impulsive buying is always wrong and waiting lets the hype die down on me. 
5. Forget less fortunate people in the society. Deeply touched by what Mark Zuckerberg, founder of Facebook did upon delivery of his child. Giving away most of his facebook shares worth over USD 900 million to charity. Thats unbelievable!   

As i was thinking about all that money, i decided to look around the internet and see what are the most expensive or most common things that Singaporean do or buy with money on their hands.


What you could buy or do with S$12 million in Singapore!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
162,162 1 Day Trips to Universal Studios Singapore

@ S$74 per Adult
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
153,846 cycles on The Singapore Flyer

@ S$78 for family of 3 (2 adults 1 child)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
12 Ferraris with COE

@ S$900,000 each
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
800,000 sets of extra value meal with Hello Kitty
plush toy at McDonalds

@ S$15 each
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
12,257 nights at Marina Bay Sands Singapore
luxurious suite

@ S$979 per night (the most expensive one)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

UPDATE 18 Feb 2016 - Prize winnings have been increased to S$13.9 million! It could go higher depending on the total number of people buying. 
Source: Straitstimes
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3 12 Tunnel Breakout - forex market hours in pakistan

3 12 Tunnel Breakout ~ forex market hours in pakistan

3/12 Tunnel Breakout is a simple breakout system trend following requires:

three exponential moving averages:

12ema (of price highs);

12ema (of price lows);

3ema (of price closes).

Top Tip: This system is great for the Daily timeframe to get on board

some big runs... the 4-hour timeframe works well too!

Currency pairs: EUR/USD, USD/JPY, GBP/USD,USD/CHF, AUD/JPY, EUR/JPY, GPB/JPY, AUD/USD, NZD/AUD NZD/USD, USD/CAD, EUR/CAD, GBP/CAD, GBP/AUD, GBP/NZD..

To trade this system we just wait until the 3ema has gone in between the

high and low lines of the 12ema-channel.

On the next candle that closes and causes the 3ema to rise above the

12ema-channel – BUY:

3/12 Tunnel breakout

On the next candle that closes and causes the 3ema to fall below the

12ema-channel – SELL:

3/12 Tunnel Breakout

Exit position is discetionary but see this examples:

4H time frame

stop loss 30 pips on GBP/USD and 25 pips on EUR/USD;

profit Target 40 pips GBP/USD 30 pips EUR/USD.

daily time frame stop loss 60 pips on GBP/USD and 50 pips on EUR /USD;

profit Target 80 pips GBP/USD 60 pips EUR/USD.

Note this trading system is created only for higher time frame. Best time frame is 8H, 12H , or daily.

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Bollinger Bands as Support and Resistance - forex trading hours easter 2014

Bollinger Bands as Support and Resistance ~ forex trading hours easter 2014

Bollinger Bands as support and reistance is a trading strategy very simple its based on the Bollinger Bands and the RSI. This trading system itvery good.

Time Frame 4H

Currecy pairs any.

Indicators:

Bollinger Bands (20, 2);

RSI (35 period) with level (40-60).

If you observe the Bollinger bands are as Support and Resistance. The upper bands are as a dynamic line of resistance and the lower bands are as a dynamic line of support. If you observe the forex charts with these bands you can see that the price for most of the time swings into the bands and when touches the upper or lower band retraces back. This is the principle of this strategy.

To determine the best entry I added RSI indicator of strength.

Buy

Wait that the price touches the lower band and close above the band, if the RSI is between the levels 40-60 open a long position at opening of the nex bar.

Sell

Wait that the price touches the upper band and close below the band, if the RSI is between the levels 40-60 open a shor position at opening of the nex bar.

Profit Target 80-120 pips depends by currency pairs or meke profit on the middle bands..

Initial Stop loss 50 – 70 pips above/below the bands.

This Trading system is also good for trading with binary options high/low.

Expiry time 4 candles.

Bollinger Bands as Support and Resistance

Bollinger Bands as Support and Resistance

This strategy has been sent to Joy22.

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Third Candle Trading System - forex trading hours europe

Third Candle Trading System ~ forex trading hours europe

Third Candle trading system is very simple and profitable and you can apply this strategy also with Binary Options.

Time Frame 240 min or higher.

Markets: Forex, Index and commodities.

Indicator:

Exponential moving average 5 period, close. (optional)

Expiry time for binary options high/low 1 candle.

Pattern : two candle with close >open (buy), open<close (sell).

Buy

Find a candle formation above the moving average with open < close.

Place a buy order at opening of the third candle.

For a new setup of buy order wait a candle with open=close or open<close.

Place stop loss below the 2° candle.

Sell

Find a candle formation above the moving average with open > close.

Place a sell order at opening of the third candle.

For a new setup of buy order wait a candle with open=close or open>close.

Place stop loss above the second candle.

Profit target daily time frame 40- 60 pips dependes by currency pairs or markets.

Advantages: Little emotion and a profitability of between 55% and 65%.

Disadvantages the stop loss is almost always greater than the profit. But you can management the position, moved the stop loss at the breakeven after 30 pips in gains.

This trading system was created and posted by Joy22.

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Forex Trading Strategy 73 - forex trading tricks

Forex Trading Strategy 73 ~ forex trading tricks

Market Analysis of the 6th of April 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Click on the Menu on "Market Analysis" for all the analysis.

Daily charts: For most of the pairs, we are entering into the wave 4 so it could bring some small trades long and short on H1 but we have to be overall prudent and be selective in taking setups

EUR/USD: It looks like we are now coming into the wave 4, price inside the alligator, prudence
GBP/USD: Still wave 5 down but with ewave coming back to the zero line, downtrend but prudence
USD/JPY: No trend following a cycle of 5 waves, price inside the box with sleeping alligator, wait for a break
USD/CHF: It looks like C move down of wave 4, wait for a break, prudence as sleeping alligator
AUD/USD: It looks like a wave 5 has started (unless this is B down of wave 4), short with prudence
EUR/JPY: This is still wave 3 down officially but we have divergence, price now above the alligator, prudence
USD/CAD: It looks move C down of the wave 4, prudence
NZD/USD: We are currently into a small wave 3 up but no overall clear direction
XAU/USD: We are into the wave 4 (probably C move up) , prudence

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